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My name is Sommer Mouser with Bank of America Mortgage in Redding. I’ll be sharing information on the most current mortgage trends- what products are currently working well, what new ones come along, where rates are, ideas to save you money now and in the [...]

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Residential Listings:  There are currently 1893 active listings and another 376 listings that are pending (in escrow).  Last week there were 1886 active listings with another 393 in escrow which was up from 1,702 active listings 3 months ago! 
Historical Data for Closed (Sold) MLS Listings in Shasta County

163 closed escrows in April [...]

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According to the latest Zillow Real Estate Market Report, although home price averages dropped 6.5% in Redding in the second quarter of 2008 compared to the second quarter of 2007, this was a much lower drop than the national average of 9.9% during the same [...]

Join the forum discussion on this post - (1) PostsWe’ve created a page on the blog that allows you to search all of the Redding and Shasta County bank-owned (REO) properties and reposessions (REPO’s).  These properties have all already gone back to the banks at the courthouse steps and have actually been listed in [...]

Join the forum discussion on this post - (1) PostsReal estate in Redding has picked up over the last week, according to our perception.  The number of houses on the market has decreased slightly as we expect it to continue to do as fall draws nearer which always happen as the winter holidays encourage [...]

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Redding homeowners, help is on the way!  Saturday the US Senate passed the Housing Rescue Bill, a bill allowing nearly 400,000 home owners to refinance into affordable, government-backed loans. The bill, strongly supported by the NATIONAL ASSOCIATION OF REALTORS®, passed by a margin of 72-13. [...]

Join the forum discussion on this post - (1) PostsOver the last few weeks it has become apparent that many of the sellers out there have reached their bottom line at which they can/will sell their home for. We’ve written more offers lately with the response from the seller nearer to full price [...]

Join the forum discussion on this post - (1) PostsWell yesterday while waiting for some clients to finish an appointment, I took their kids and mine to Turtle Bay Museum to see the Birds In Flight and Butterfly exhibits. I hadn’t been there yet this year but it is so relaxing and fun for [...]

Join the forum discussion on this post - (1) PostsResidential Listings:  There are currently 1921 (up from 1915 last week) active listings and another 399 (down from 402) listings that are pending (in escrow).  Two weeks ago there were 1889 active listings with another 391 in escrow which was up from 1,702 active listings 3 months ago!  During April 2008 we [...]

Join the forum discussion on this post - (1) PostsResidential Listings:  There are currently 1915 active listings and another 402 listings that are pending (in escrow).  Last week there were 1889 active listings with another 391 in escrow which was up from 1,702 active listings 2.5 months ago!  During April 2008 we had 163 escrows closed, in [...]